By Sam Daodu

Published September 27, 2026, 7:00am ET · 3 min read

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Quick Read

• Long-term Bitcoin holders sell at one-fifth their July 2025 pace, with average gains of 72% versus 350%, signaling far less intense profit-taking pressure.
• Mid-sized wallets added 113,950 BTC since mid-July while Bitcoin ETFs absorbed nearly $1 billion in a single day, absorbing available selling pressure.
• A drop below $83,000 could push roughly 1.07 million BTC into loss territory for long-term buyers, potentially triggering a sharp rise in selling.

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A digital chart displaying Bitcoin's price fluctuations, marked by colorful data points and a prominent Bitcoin symbol, illustrates the ongoing market dynamics and evolving holder sentiment discussed in the article.© Sodel Vladyslav / Shutterstock.com

Bitcoin (CRYPTO:BTC) holders are starting to cash out, but the current trend of Bitcoin profit-taking in September 2026 doesn’t match what we’ve seen at previous market peaks. Long-term holders are enjoying an average gain of about 72% now, according to CryptoQuant, significantly lower than the whopping 350% seen in December 2024. This means that those who sold heavily during the last peak have far less incentive to sell today.

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Interestingly, wallets holding between 100 and 1,000 BTC have increased their total by 113,950 BTC since July 15, according to Santiment. As of September 26, Bitcoin is trading near $84,100, up 4.6% over the past month. The price has risen despite the selling activity, but which group should Bitcoin holders watch?